Uncertainty Surrounds the Fate of Solar Safeguard Duty After July 2021
Stakeholders believe that some sort of barrier will be in place until BCD kicks in next year
May 25, 2021
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The crucial duty of protecting domestic solar cell and module manufacturers in India against imports from China PR, Thailand, and Vietnam is set to end on July 29, 2021. Until the basic customs duty starts from April 1, 2022, a nine-month no-duty period has the manufacturers concerned. The project developers are keen on utilizing this rare duty-free period to ramp up their module procurement.